Revolutionizing Spinal Surgery: SpinEM Robotics Secures €10 Million Investment

May 6, 2024, 9:30 am
SpinEM Robotics
SpinEM Robotics
Total raised: $10.77M
SpinEM Robotics, a trailblazing deep tech startup in the realm of robotic spinal surgery navigation solutions, has reached a pivotal milestone in its journey of innovation. With a successful Series A2 funding round, the company has secured a substantial €10 million ($11 million) strategic investment from Spineart, a prominent player in the spine surgery domain.

This infusion of capital marks the commencement of an exciting collaboration between SpinEM Robotics and Spineart, with the shared goal of revolutionizing the landscape of spinal surgery. By amalgamating SpinEM Robotics' cutting-edge navigation and robotic assistance technology with Spineart's surgical expertise, the partnership aims to enhance accuracy and eliminate the need for 3D cameras in navigation and robotics. This strategic alliance is poised to cater to the evolving requirements of surgeons and patients on a global scale.

The strategic funding not only fortifies SpinEM Robotics' market position but also capitalizes on the synergies between SpinEM Robotics, Spineart, and the eCential Robotics open platform. Under the visionary leadership of Stéphane Lavallée, SpinEM Robotics has crafted groundbreaking technologies that are set to redefine the standard of care in navigated and robotically enabled spinal surgery. The seamless integration of human-robot interfaces in their solutions promises to elevate surgical precision and efficiency to unprecedented levels.

Jerome Trividic, the CEO of Spineart, expressed enthusiasm about incorporating SpinEM Robotics' transformative navigation and robotics technology into their portfolio. This collaboration underscores their commitment to delivering innovative solutions that empower surgeons, hospitals, and, most importantly, facilitate patients' swift return to an active lifestyle.

In a parallel narrative, SpinEM Robotics, headquartered in Saint-Martin d’Hères, France, emerged in 2021 as a spin-off from the Haventure Medtech Startup Studio. Spearheaded by CEO Stephane Morvan, the company specializes in pioneering surgical robotics and navigation solutions tailored for spine surgery. Their ongoing development of a next-generation tracking solution for robotic spinal surgery holds promise, as it circumvents line-of-sight issues and boasts a compact design that can be affixed to individual anatomical segments. This unique feature not only shields it from inadvertent disturbances but also augments system accuracy, setting a new benchmark in the realm of spinal surgery technology.

With SpinEM Robotics' recent financial boost and unwavering commitment to innovation, the future of spinal surgery appears poised for a transformative shift towards enhanced precision, efficiency, and patient outcomes. As the collaboration with Spineart unfolds and their novel technologies gain traction, the horizon of spinal surgery stands on the brink of a revolutionary evolution.